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Originally Posted by Wiggles
banks have insurance, never lose money.
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banks are usually only insured up to 100,000 per individual account, so if u have 500k and something happens and the bank goes under/out of biz yer out 400k cuz the bank's only insured to 100k. If a bank gets robbed, it doesn't make a damn bit of difference you wouldn't lose a dime banks are insured for things like that
check the banks FDIC insurance limits, anything over that limit is prolly best in another account or bank
